Quarterly ResultAug 10, 2026, 04:14 PM
Arena Group Q2 Revenue $22.18M; Net Loss $(0.18)M; EPS $0.00
AI Summary
The Arena Group Holdings, Inc. reported a significant decline in Q2 2026 revenue to $22.18 million, down from $45.01 million in Q2 2025. The company posted a net loss of $(0.18) million, compared to a net income of $108.64 million in the prior year, largely due to the absence of income from discontinued operations. For the first six months of 2026, the company recorded a net loss of $(2.83) million.
Key Highlights
- Q2 2026 revenue decreased 50.7% to $22.18 million from $45.01 million in Q2 2025.
- Net loss for Q2 2026 was $(0.18) million, compared to net income of $108.64 million in Q2 2025.
- Basic and diluted EPS for Q2 2026 was $0.00, down from $2.29 and $2.28 respectively in Q2 2025.
- Six-month 2026 net loss was $(2.83) million, compared to net income of $112.66 million in 2025.
- Q2 2025 net income included $96.23 million from discontinued Sports Illustrated operations.
- Cash and cash equivalents increased to $11.17 million as of June 30, 2026.
- Total stockholders' deficiency increased to $(7.55) million from $(4.83) million.
- Liquidated damages payable rose to $3.69 million as of June 30, 2026.
Price Impact
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